Limited Liability Company: Maintaining your Business

Disclaimer: This blog post focuses on North Carolina law and follows the NC Secretary of State rules. We cannot speak nor advise you on what other states’ rules and policies are for limited liability companies.

*This information is taken from the North Carolina Secretary of State’s website and can be viewed here.

Now that you have established your business entity in NC, the company has a few responsibilities

Submit the company’s annual report

Have a current Registered Agent on record with the NC Secretary of State

Notify the Secretary of State of any change in the Registered Agent

Annual Reports

A NC domestic limited liability company must submit an annual report to the NC Secretary of State each year. The information on the annual report must be accurate and correct. Annual Reports are due on April 15th following the year of creation. *This must be filed before or on April 15th or else the company will be administratively dissolved.

The annual report filing fee is $200. Not paying or filing your Annual Report is the easiest way to lose your LLC protection.